Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$162,368$162,368$211,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$49,042$0
Funding fee$0$0$0
Note rate4.160%4.160%7.240%
Blended rate5.010%5.936%7.480%
1st payment$860.16$860.16$1,440.76
2nd payment$0.00$367.81$0.00
Taxes / mo$80.25$80.25$80.25
Insurance / mo$150.00$150.00$150.00
MI / mo$125.19$125.19$42.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,215.60$1,583.42$1,713.29
Cash to close$72,532$23,490$23,490